Top stocks in focus: HDFC, ITC, Larsen & Toubro, SRF, UPL

Check out the companies which will be in focus during trade today based on recent and latest news developments.

May 13, 2019 02:05 IST India Infoline News Service

Larsen & Toubro’s board approved a merger with L&T Shipbuilding Ltd. (a wholly-owned subsidiary).

UPL acquired 26.75% stake in ‘Allfresh’ for Rs9.24cr. The target company is engaged in procuring and supplying fresh produce.

GAIL said that it has accelerated work for Jagdishpur-Haldia & Bokaro—Dhamra Pipeline project and completed awards worth Rs10,500cr for line pipe supply and laying.

HCL Technologies board approved amalgamation of three arms into the company.

Tata Steel said that the European Commission’s feedback on JV with Thyssenkrupp said that it is not intending to clear the proposed JV.

PC Jeweller to demerge its export division to separate company – PCJ Gems & Jewellery Ltd.

Adani Green Energy’s arm commissioned 50 MwAC Solar Power Project in UP, whose PPA is for 25 years.

SRF signed a business transfer agreement with DSM India Pvt. Ltd. for divestment of their engineering plastics business.

Welspun India order sanctioning the scheme of amalgamation of Prasert Multiventure Pvt. Ltd. with the company was pronounced by NCLT Ahmedabad Bench.

Texmaco Rail & Engineering allotted 47.85 lakh equity shares shareholders of Bright Power Projects in the ratio of 818:100 i.e. 818 fully paid-up equity shares of the Company against every 100 fully paid-up equity shares of Bright Power.

Results today: HDFC, ITC, Vodafone Idea, Godrej Industries, Andhra Bank, IDBI Bank, INOX Leisure, Just Dial, Karnataka Bank, Linde India, Mangalore Refinery and Petrochemicals, Metropolis Healthcare, Muthoot Finance, Oriental Bank of Commerce, Pioneer Distilleries, SRF, Texmaco Rail & Engineering, The New India Assurance Company, Trident

Related Story